Busy month in Picfair Village!!

Dear all my wonderful current (and future) Picfair Village neighbors-

Busy month! The homes in Picfair Village are really starting to sell. We just closed escrow on 1600 Ellsmere, which is a little 2BR, 2BA bungalow home I listed about a month ago. www.1600ellsmere.com. We listed it for $689,000 and immediately got a great offer. We just finished a 30 day escrow. Currently, I have 2 more homes in the neighborhood in escrow, 1 on Genesee, and another on Carmona.

The home on Genesee is a pocket listed 4BR, 2BA Spanish fixer, that has been waiting to be remodeled for sometime now. It was listed for $500,000. The home on Carmona was listed for just a few days at a price of $515,000 before it recieved 5 offers that were all over asking and the bidding war was on! Though there has been a lot of news about pricing, homes are definitely still selling! It's been busy and it looks like more and more buyers are recognizing what a great deal of a neighborhood Picfair Village is. I have about 6 buyers who are actively looking for properties in Picfair Village, and another 10-20 clients passively looking in the neighborhood for fixers/development opportunities. If you or anyone you know is thinking about selling their Picfair Village home, Please let me know!

-Jerry
310-228-8856